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YACHT MANAGEMENT


Having sewn doubt in the minds of owners that captains could not look after a commercially operated yacht effectively without professional yacht management intervention, managers carved their niche market to the point that now many owners of private yachts voluntarily opt into the ISM regime. Now even owners of yachts above the 24 metre load line length whose tonnage is less than 500gt are under pressure to conform to the ISM Code.


Asked if he thought ISM should be mandatory for private yachts as well as those that operate commercially Daniel Küpfer at Ocean Management said, “Most of our owners of private yachts have opted for ISM on a voluntary basis. It is in our opinion that managing a substantial asset such as a large yacht according to recognized compliance standards, whether commercially or private registered, is the best practice.” When asked if ISM should be applied to yachts under 500gt, he replied, “We believe that in a ‘light’ format manageable for smaller crews, Mini-ISM standards should be applied for yachts above 24m LLL and below 500gt should be applied. Again, we suggest managing private yachts to same standards as commercial yachts, as far as feasible.”


Fraser recommends to owners of private yachts over 500gt should comply with the company’s ISM Safety Management System (SMS). Maxime Bregeon says, “All our clients engaged on our safety management are given access to that SMS, which is designed to guide the captain and the crew on board yachts on how to safely operate the vessel with the support of our team.” But the company stops short of insisting on full ISM.


At Edmiston, Damian Martin thinks it should be mandatory for all yachts regardless of how they operate. He says, “A 100m yacht operating privately doesn’t become any safer just because it is being chartered. Anything that increases safety should be pursued.” He believes the situation becomes more complicated when considering yachts under 500gt.


He says, “Full ISM, done correctly, is very time consuming. Generally, yachts over 500gt have not only the crew numbers, but also the experience to manage this level of administration. Under 500gt, you might find that there simply isn’t enough crew


to complete all the tasks, hence the birth of the ‘Mini-ISM’, which is a scaled-down version of the full ISM that still provides crew with some guidelines or parameters to work within. I believe that all yachts should run to some standard, but as I mentioned above, it needs to be appropriate. When building a system, all those involved need to understand what the task is, why they are doing it and what the risks are. In addition, those that are imposing the system need to understand the reality for those completing it.”


Mark Patterson at Y.CO says that ISM for yachts sub 500gt already exists in the form of the Mini-ISM code, which is an annex to the Red Ensign Yacht Code. However, he says, “It is how these mandatory or recommended safety regulations are adapted and maintained that makes the difference.” Mark does not believe that ISM should be mandatory for private yachts as well as those that operate commercially. He explains, “Whilst full ISM has many benefits enforcing safety regulations it is only part of the solution. Having a good management company with an experienced, forward thinking team, cutting-edge technology, a robust SMS and of course a strong, knowledgeable crew that benefit from safety related training are the key ingredients to creating and maintaining a strong culture of safety aboard a yacht, regardless of its size and certification. The safety regulation itself must also be scrutinised to ensure it is fit for purpose, applicable to pleasure yachts and practical for crew to implement.”


OCEAN INDEPENDENCE Ocean Independence provide a range of seamless and exceptional shore-side support packages. All aspects of daily operational and financial management for yachts are dealt with safely and efficiently, including crew employment, certification, maintenance and much more. The highly qualified yacht management team have skills, knowledge and experience across a comprehensive range of yacht and owner requirements, offering a fully customisable ‘pick and mix menu’ of services. From their total yacht care and compliance services to technical support and financial administration, every functional aspect is carried out by Ocean Independence with efficiency, transparency and accountability. In addition they provide corporate services support plus crew employment services. For more details email: management@ocyachts.com or visit www.oceanindependence.com


ONBOARD | SPRING 2022 | 59


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